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Conference papers
Less-than-truckload Dynamic Pricing Model in Physical Internet
Abstract : This paper investigates a decision-making problem consisting of less-than-truckload dynamic pricing (LTLDP) under Physical Internet (PI). PI can be seen as the interconnection of logistics networks via open PI-hubs, which can be considered as spot freight markets where LTL requests of different volume/destination continuously arrive over time for a short-stay. Carriers can bid for the requests by using short-term contract. This paper proposes a dynamic pricing model to optimise carrier's bid price to maximise his expected profits. Three influencing factors are investigated: requests quantity, carrier's capacity and cost. The results provide useful guidelines to carriers on pricing decisions in PI-hub.
Cited literature [29 references]
https://hal-mines-paristech.archives-ouvertes.fr/hal-01326416
Contributor : Shenle Pan <>
Submitted on : Friday, June 3, 2016 - 3:27:57 PM
Last modification on : Thursday, September 24, 2020 - 5:00:03 PM
Contributor : Shenle Pan <>
Submitted on : Friday, June 3, 2016 - 3:27:57 PM
Last modification on : Thursday, September 24, 2020 - 5:00:03 PM
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IIEAsia2016_HK_DynamicPricing_...
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